To: thomas.mcgraw From: Jeffrey Epstein Sent Sat 1/26/2013 1:58:03 PM Subject: happy new year if i excahnge art held in his own name for stock held in the trst , do i have a sales tax. it is not a purchase-- as it is under a right of substituion of collateral provision, it is a defe gran trust so to capital gain, if i put it in a partnership with wife first and cxcahnge part interests,? no sales tax? *********************************************************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00341794 EFTA01907672